Adshares USD Price & Performance (ADSUSD)

The Australian Dollar is under strain, with the AUD/USD pair nearing 0.6290 following weaker-than-expected US job data and reduced Chinese trade figures. Technical indicators hint at further downside risks unless the pair can reclaim resistance at 0.6365. Broader market sentiment and China's economic health remain critical to AUD's trajectory.1

Gold prices hover above $2,900, supported by global uncertainties and demand for safe havens. Despite recent profit-taking, fears of a trade war and economic instability sustain bullish sentiment for XAU/USD. Technical indicators suggest potential for further advances, provided the metal holds key support levels near $2,881.2

The Dow Jones Industrial Average recovers some losses, hovering near 42,800, but remains down for the week. Investors face uncertainty from inflation risks and potential trade measures. A breach below the 200-day EMA at 42,000 could end its 16-month trend, while resistance at 44,000 remains formidable.1